The Florida Senate

632.617  Benefits.--

(1)  A society may provide the following contractual benefits:

(a)  Death benefits;

(b)  Endowment benefits;

(c)  Annuity benefits;

(d)  Temporary or permanent disability benefits;

(e)  Hospital, medical, or nursing benefits;

(f)  Monument or tombstone benefits to the memory of deceased members; and

(g)  Such other benefits as authorized for life insurers and which are not inconsistent with this chapter.

(2)  A society shall specify in its rules those members and their dependents or persons in whom a member has an insurable interest who may be issued, or covered by, the contractual benefits set forth in subsection (1). A society may provide benefits on the lives of children under the minimum age for adult membership upon application of an adult person.

History.--ss. 4, 6, ch. 86-140; s. 4, ch. 91-429.